refinance


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Synonyms for refinance

take on a loan

Synonyms

  • take on a loan
  • borrow
  • remortgage

Words related to refinance

renew the financing of

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References in periodicals archive ?
The refinance pays off your old loan and payments and replaces it with a newer, better version -- sometimes.
The most common reason to refinance a home mortgage is an increased interest rate on your existing mortgage.
But "Should I refinance?" was asked with no additional information provided.
* A $6,800,000 first lien mortgage for the refinance of a 51-unit multifamily on Union St in Brooklyn, NY.
A refinance involves paying off debt with the proceeds from a new loan that is usually the same size and uses the same property as collateral.
The Federal Housing Finance Agency has now helped 3.4 million families refinance their mortgages since the current program began April 1, 2009, some owing more on their houses than they were worth.
Freddie Mac said that refinance activity accounted for 63 percent of all single-family originations in the first quarter of this year.
Households that fail to refinance when interest rates decline can lose out on tens of thousands of dollars in savings.
Designed to help simplify private student loan payments, the loan enables borrowers to refinance or consolidate their private student loans at a competitive rate with flexible repayment terms, said Brendan Coughlin, head of education and auto finance for RBS Citizens Financial Group.
" Twenty- six corporates having an estimated bank exposure of ` 3.46 lakh crore pose negligible risk on the refinance front and should be able to see through even in the tough times," the note added.
Many homeowners are always waiting for the interest rates to fall even further before finally choosing to refinance. But, trends are showing that interest rates are on the rise.
M2 EQUITYBITES-April 18, 2013-The Wendy's Company signs agreement to refinance debt(C)2013 M2 COMMUNICATIONS http://www.m2.com
"This is mainly due to many first-time issuers accessing the high-yield market, which has seen record levels of bond issuance to refinance bank debt."
Some homeowners want to refinance because their credit scores have improved and they hope to secure a better interest rate.